Liberty Energy’s NPR 750 Million Right Share Issue: Strategic Growth Ahead

Liberty Energy Company has launched a right share issue worth NPR 750 million, marking a significant step toward expanding its financial base. The offer, which opened on November 30, 2024, enables shareholders to apply for the shares until December 21, 2024. With this move, the company aims to strengthen its capital structure to support future growth and stability.

The company is issuing 7.5 million units of right shares at a par value of NPR 100 each, representing 50% of its current paid-up capital of NPR 1.5 billion. Upon successful issuance, Liberty Energy’s paid-up capital will increase to NPR 2.25 billion—a 50% rise that highlights the company’s robust financial planning and commitment to growth.

This capital injection is expected to provide Liberty Energy with the resources needed to expand its energy projects and improve operational efficiency. The move also signals confidence in the company’s potential to deliver value to its shareholders, positioning it as a strong player in the energy sector.

To simplify the application process, Liberty Energy has partnered with Prabhu Capital as the issue manager. Applications can be submitted through various channels, including Prabhu Bank’s branch in Besisahar, Nepal Investment Mega Bank in Bhoteodar, and Global IME Bank in Dordi. Additionally, investors can use SEBON-authorized ASBA services or the Meroshare platform, ensuring accessibility for a wide range of shareholders.

The company had closed its books on November 7, 2024, making shareholders listed by November 6, 2024, eligible to apply for the right shares. The long application period, ending on December 21, provides ample time for investors to participate.